What Wall Street Is Saying Ahead of Earnings
More than 50 Wall Street analysts cover Tesla stock. Most if not all have an opinion on the coming quarterly report.
Here’s what analysts are saying heading into Tesla’s third-quarter earnings:
“We estimate auto gross margin excluding EV credits falls sequentially from 14.6% to 12.7%,” wrote Wells Fargo analyst Colin Langan in a report. That would be a disappointment; investors want to see margin stability.